Cryptocurrency is a revolutionary form of investment and a highly efficient means of transferring value. However, its use is primarily relegated to trading on exchanges. Leavingit inaccessible and of little value to the average person. Our solution is to provide a universal system that is compatible across different blockchains. The One Payment System will be based on a fork of Stellar. The goal is to create a payment gateway that will be available to as many users as possible. In order to accomplish this, One will use Stellar’s anchor capabilities to make our network compatible with as many cryptocurrencies that we can reasonably maintain markets for. This will allow for transactions to process at Stellar speed regardless of the coin the user wishes to pay with.
On the merchant side, One Payments will focus on integration into traditional systems. Being that customers in every part of the world spend money in different ways. We will have to maintain a variety of options. Card systems are still one of the most common. Chip cards, NFC, and Swipe cards are in the majority of stores globally. Some countries skipped straight to mobile payments and use their phones for everything. Almost everyone though spends money online. One Payments will have a solution for all of these options.
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